PAI Partners Seeks To Bump Up Fund Size

The firm is looking to raise the upper limit on its sixth buyout fund

PAI Partners has requested permission from investors to raise the hard cap, or upper limit, on its latest fund by €200 million, according to a person familiar with the matter.

The firm, which hosted its investor day on Tuesday, is seeking to raise the hard cap on the firm's sixth fund from €3 billion to €3.2 billion. The firm is expected to announce a final close of the fund in March, once it has finalised legal documentation for the fund.